Ripple as the network and RTXP as a protocol both are incredible pieces of technology... definitely a LOT of value in there. I'm a Bitcoiner same as the rest of you but I don't know how you guys can look at this with blinders on. I've read the Ripple whitepapers, used the system and researched the valuation basis in depth. There is actually something credible here. It's not Bitcoin, it's a little different, but it will be of tremendous value to the financial system. I am sure it will beat Bitcoin toward the goal of networking the world's currencies for fast value transfer while still saving money for the little guy. Ripple has already pulled ahead of Bitcoin in terms of connecting with banks and such.
If RTXP is incredible technology, so is PoS lol....
The question is, why and who double the value of ripples as we see it now in coinmarketcap?
Who and why? I believe its not people like us but Ripple management who is doing this, its obvious, for the last week it has gone up slowly and steadily, clear indication of possible manipulation of price , not because of trading, and now today is not going up or down in price , its fixed! so can someone explain to me this other to what I have just said?
Who, why? It doesn't matter who, the real question is why. The answer to that question can be found in the altcoin section. Ripple doesn't have alot of volume, it wouldn't be very hard to do.
Trust nobody.